Understanding Prices, Getting a jump on Inflation With The Dallas Fed

#11404
ClemSnide
Participant

[quote=”Assistanc3″ post=1134]The Fed QE experiment is riddled with flaws
2% inflation target is just one example since they don’t calculate inflation properly

Has anyone heard a Fed member speak of “shrinkflation”?
where the cost of the product stays the same but the sum of the product gets smaller[/quote]

Yes and good to see Kaplan acknowledge that with his team – interesting Draghi had talk on QE this morning all leading into Jackson Hole.

No I have never heard them mention shrinkflation but many consumer groups have as we all know somethings aren’t cheaper at all – such a flawed measure and just a justification TO BAIL OUT BANKS AND OTHERS – got to have a narrative for the sheep